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Horseway Energy Ltd

08909433

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

HOLLYHOUSE FARM, CHATTERIS, PE16 6XQ
Incorporated 25/02/2014

Compliance

Last accounts

30/06/2025

small

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 25/02/2026

Due 11/03/2027

On track

Industry

35110
Production of electricity

Officers

Mr Nicholas Lenton Allpress

director · Since 14/04/2014

FARMER

BRITISH · ENGLAND · Age 65

Also on 5 other boards

Mr Patrick William Allpress Hnd Agricultural Management

director · Since 14/04/2014

FARMER

BRITISH · ENGLAND · Age 61

Also on 3 other boards

Mr Terry Neil Warby

secretary · Since 08/03/2018

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 12/01/2018Registered 17/01/2018
Charge
outstanding

HSBC BANK PLC

Created 12/01/2018Registered 17/01/2018

CompanyRankvs 507+ SIC 35110 peers
53

Financial strength93th percentile among SIC peers · 23/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.99× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

stated on page 5 these events and conditions along with other matters set forth indicate that a material uncertainty that may cast significant doubt over the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter. 12. RELATED PARTY DISCLOSURES The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'T

Key FinancialsYear ending 30/06/2025

Net Worth

£1.9M

Balance sheet strength

Cash

£560k

Cash in the bank

Net Current Assets

£844k

Working capital

Current Assets

£1.1M

Current Liabilities

£282k

Fixed Assets

£1.3M

Debtors

£311k

0avg. employees

Tax at Year End(2022)

Corp tax£1k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.99-£1.7M
202415.11+£417k
20238.02+£413k
202216.67+£273k
20216.98-£73k
20205.57-£124k
201926.64

Derived from filed accounts. Not audited figures.